Technology -
Information Technology Services - NASDAQ - CN
$ 6.44
0.782 %
$ 281 M
Market Cap
322.0
P/E
1. INTRINSIC VALUE
Balance Sheet
VNET Group, Inc.
| Current Assets | 6.82 B |
| Cash & Short-Term Investments | 1.49 B |
| Receivables | 1.99 B |
| Other Current Assets | 3.34 B |
| Non-Current Assets | 25.5 B |
| Long-Term Investments | 795 M |
| PP&E | 21.8 B |
| Other Non-Current Assets | 2.91 B |
| Current Liabilities | 9.34 B |
| Accounts Payable | 709 M |
| Short-Term Debt | 3.47 B |
| Other Current Liabilities | 5.16 B |
| Non-Current Liabilities | 16.1 B |
| Long-Term Debt | 15 B |
| Other Non-Current Liabilities | 1.12 B |
EFFICIENCY
Earnings Waterfall
VNET Group, Inc.
| Revenue | 8.26 B |
| Cost Of Revenue | 6.43 B |
| Gross Profit | 1.83 B |
| Operating Expenses | 1.16 B |
| Operating Income | 669 M |
| Other Expenses | 486 M |
| Net Income | 183 M |
RATIOS
FREE CASH FLOW ANALYSIS
Free Cash Flow Analysis
VNET Group, Inc.
| Net Income | 183 M |
| Depreciation & Amortization | 1.55 B |
| Capital Expenditures | 0 |
| Stock-Based Compensation | 149 M |
| Change in Working Capital | 0 |
| Others | -332 M |
| Free Cash Flow | 0 |
Wall Street Analysts Price Targets
VNET Group, Inc.
Wall Street analysts predict an average 1-year price target for VNET of $6.17 , with forecasts ranging from
a
low of
$4 to a high of $7.98 .
VNET Lowest Price Target
Wall Street Target
4 USD
-37.89%
VNET Average Price Target
Wall Street Target
6.17 USD
-4.13%
VNET Highest Price Target
Wall Street Target
7.98 USD
23.91%
4. DIVIDEND
ANALYSIS
VNET does not distribute dividends.
5. COMPETITION
6. Ownership
Insider Ownership
VNET Group, Inc.
Sold
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
0 USD 0
Bought
0 USD 0
0-3 MONTHS
0 USD 0
3-6 MONTHS
0 USD 0
6-9 MONTHS
0 USD 0
9-12 MONTHS
7. News
VNET Announces the Closing of Its Offering of US$430 Million Convertible Senior Notes due 2030
BEIJING , March 18, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the closing of its offering (the "Notes Offering") of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "Notes"). The Notes bear interest at a rate of 2.50% per annum, payable semi-annually in arrears on April 1 and October 1 of each year, beginning on October 1, 2025.
prnewswire.com
- 4 weeks ago
VNET Prices Offering of US$430 Million Convertible Senior Notes due 2030
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the pricing of its offering (the "Notes Offering") of US$430 million in aggregate principal amount of 2.50% convertible senior notes due 2030 (the "Notes"). The Notes Offering is expected to close on or about March 17, 2023, subject to the satisfaction of customary closing conditions.
prnewswire.com
- 1 month ago
VNET Announces Proposed Offering of Convertible Senior Notes
BEIJING , March 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier-neutral and cloud-neutral internet data center services provider in China, today announced the commencement of a proposed offering by the Company of US$400 million aggregate principal amount of its convertible senior notes due 2030 (the "Notes"), subject to market and other conditions (the "Notes Offering"). The Notes will be senior, unsecured obligations of the Company, and will accrue interest payable semi-annually in arrears and will mature on April 1, 2030, unless earlier repurchased, redeemed or converted in accordance with their terms prior to such date.
prnewswire.com
- 1 month ago
Vnet Group (VNET) Q4 2024 Earnings Call Transcript
Vnet Group (NASDAQ:VNET ) Q4 2024 Earnings Conference Call March 12, 2025 8:00 AM ET Company Participants Xinyuan Liu – Head-Investor Relations Ju Ma – Rotating President Qiyu Wang – Chief Financial Officer Conference Call Participants Shuyun Che – CICC Sara Wang – UBS Yang Liu – Morgan Stanley Edison Lee – Jefferies Timothy Zhao – Goldman Sachs Daley Li – Bank of America Securities Operator Thank you for standing by for the Fourth Quarter and Full Year 2024 Earnings Conference Call for VNET Group Incorporated. After the management's prepared remarks, there will be a question-and-answer session.
seekingalpha.com
- 1 month ago
VNET Reports Unaudited Fourth Quarter and Full Year 2024 Financial Results
BEIJING , March 12, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2024. "We closed 2024 with a strong fourth quarter, highlighted by our wholesale IDC business's remarkable performance as we continued to capitalize on AI-driven demand," said Josh Sheng Chen, Founder, Executive Chairperson and interim Chief Executive Officer of VNET.
prnewswire.com
- 1 month ago
VNET to Announce Unaudited Fourth Quarter and Full Year 2024 Financial Results on March 12, 2025
BEIJING , March 10, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that it will report its unaudited fourth quarter and full year 2024 financial results on Wednesday, March 12, 2025, before the open of U.S. markets. The Company's management will host an earnings conference call at 8:00 AM U.S. Eastern Time on Wednesday, March 12, 2025, or 8:00 PM Beijing Time on Wednesday, March 12, 2025.
prnewswire.com
- 1 month ago
VNET Group: REIT Injection And Capex Growth Are The Major Positives
I continue to rate VNET Group as a 'Buy', following an evaluation of its valuations and prospects. The company's forward EV/EBITDA ratio is lower than that of US and Asian peers, indicating the potential for re-rating. Increased capital expenditures by China's tech giants will drive up VNET's EBITDA growth from +11% in FY24 to +22% in FY25.
seekingalpha.com
- 1 month ago
5 Stocks That More Than Doubled Halfway Through Q1
We highlight five stocks from different sectors that more than doubled halfway through the first quarter.
zacks.com
- 1 month ago
VNET Earns First-Ever Inclusion in S&P Global Sustainability Yearbook
BEIJING , Feb. 13, 2025 /PRNewswire/ -- VNET Group, Inc. (Nasdaq: VNET) ("VNET" or the "Company"), a leading carrier- and cloud-neutral internet data center services provider in China, today announced that the Company secured a spot in the S&P Global Sustainability Yearbook 2025 (or "2025 Yearbook"), marking the Company's first inclusion in the global edition following two consecutive years in the China edition. This recognition underscores VNET's outstanding ESG performance and expanding global influence in sustainable development.
prnewswire.com
- 2 months ago
Recent Price Trend in 21Vianet (VNET) is Your Friend, Here's Why
21Vianet (VNET) could be a solid choice for shorter-term investors looking to capitalize on the recent price trend in fundamentally sound stocks. It is one of the many stocks that passed through our shorter-term trading strategy-based screen.
zacks.com
- 2 months ago
21Vianet (VNET) Moves to Strong Buy: Rationale Behind the Upgrade
21Vianet (VNET) has been upgraded to a Zacks Rank #1 (Strong Buy), reflecting growing optimism about the company's earnings prospects. This might drive the stock higher in the near term.
zacks.com
- 2 months ago
21Vianet (VNET) Is a Great Choice for 'Trend' Investors, Here's Why
21Vianet (VNET) made it through our "Recent Price Strength" screen and could be a great choice for investors looking to make a profit from stocks that are currently on the move.
zacks.com
- 2 months ago
8. Profile
Summary
VNET Group, Inc. VNET
COUNTRY
CN
INDUSTRY
Information Technology Services
MARKET CAP
$ 281 M
Dividend Yield
0.00%
Description
VNET Group, Inc., an investment holding company, provides hosting and related services in China. It offers managed hosting services consisting of managed retail services, such as colocation services that dedicate data center space to house customers' servers and networking equipment, as well as allow customers to lease partial or entire cabinets for their servers; server administration services; interconnectivity services that allow customers to connect their servers; value-added services, including hybrid IT, bare metal, firewall, server load balancing, data backup and recovery, data center management, server management, and backup server services; cloud services that allow customers to run applications over the internet using IT infrastructure; VPN Services that extend customers' private networks by setting up connections through the public internet. The company also provides operating system support and assistance with updates, server monitoring, server backup and restoration, server security evaluation, firewall services, and disaster recovery services; site selection, planning, design, and construction services for wholesale and retail data centers. It serves information technology and cloud services, communications and social networking, gaming and entertainment, e-commerce, automobile, financial services, and blue-chip and small-to-mid-sized enterprises; government agencies; individuals; and telecommunication carriers. As of December 31, 2021, it operated 40 self-built data centers and 64 partnered data centers with 78,540 cabinets under management. The company was formerly known as 21Vianet Group, Inc. and changed its name to VNET Group, Inc. in October 2021. VNET Group, Inc. was founded in 1999 and is headquartered in Beijing, the People's Republic of China.
Contact
Guanjie Building, Beijing, 100016
https://ir.vnet.com
IPO
Date
April 21, 2011
Employees
3038
Officers
Mr. Wen Teng
Senior Vice President of the Group
Mr. Wen Teng
Group Senior Vice President & Chief Executive Officer of Blue Cloud
Mr. Qiyu Wang
Chief Financial Officer
Mr. Ju Ma
Rotating President & GM of AIDC Strategic Business Group
Mr. Sheng Chen
Co-Founder, Executive Co-Chairman & Interim Chief Executive Officer
Mr. Chenggang Shen
Executive Vice President & GM of IDC Strategic Business Group
Mr. Qi Yang
Group Senior Vice President
Ms. Xinyuan Liu
Head of Director of Investor
Mr. Jianbiao Zhu
Executive Co-Chairman
Mr. Yixiao Huang
Group Executive Vice President & Joint Office Director